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22111 Three Notch Rd
Lexington Park, MD 20653
Retail Property For Sale


Executive Summary
Donohoe Commercial Real Estate (“DCRE”) is pleased to present for sale the headquarters building for AVIAN, a defense contractor, which is located at 22111 Three Notch Road in Lexington Park, Maryland (“the Property”). AVIAN leases the entirety of the 13,350 sf building and signed an extension through 2036 at this site. The Property is located on 1.55 acres directly across from the primary gate to Naval Air Station Patuxent River.
Naval Air Station Patuxent River, also known as NAS Pax River, is a United States Naval Air Station in St. Mary’s County, Maryland on the Chesapeake Bay near the mouth of the Patuxent River. It is home to the Naval Air Systems Command (NAVAIR) headquarters, the U.S. Naval Test Pilot School, the Atlantic Test Range, Patuxent River Naval Air Museum, and serves as a center for test and evaluation and systems acquisition relating to naval aviation.
AVIAN’s mission is to provide mission critical testing and support for Naval Test Pilots (both fixed wing and rotary aircraft) as well as Unmanned Aircraft Systems (UAS) test pilots, or more commonly known as drone pilots. AVIAN is uniquely qualified to train and support the new age, 21st Century, warfighter over the coming decade or more. DCRE believes that this investment offered for sale will deliver steady, dependable cash flow for a real estate investor looking for exposure to a mission critical government contractor across from a major Naval Base.
Naval Air Station Patuxent River, also known as NAS Pax River, is a United States Naval Air Station in St. Mary’s County, Maryland on the Chesapeake Bay near the mouth of the Patuxent River. It is home to the Naval Air Systems Command (NAVAIR) headquarters, the U.S. Naval Test Pilot School, the Atlantic Test Range, Patuxent River Naval Air Museum, and serves as a center for test and evaluation and systems acquisition relating to naval aviation.
AVIAN’s mission is to provide mission critical testing and support for Naval Test Pilots (both fixed wing and rotary aircraft) as well as Unmanned Aircraft Systems (UAS) test pilots, or more commonly known as drone pilots. AVIAN is uniquely qualified to train and support the new age, 21st Century, warfighter over the coming decade or more. DCRE believes that this investment offered for sale will deliver steady, dependable cash flow for a real estate investor looking for exposure to a mission critical government contractor across from a major Naval Base.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,350 SF
Building Class
A
Year Built
2003
Price
$3,750,000
Price Per SF
$280.90
Cap Rate
8%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.65 AC
Opportunity Zone
Yes
Zoning
DMX
Parking
55 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
160’ on Three Notch Rd
Property Taxes
| Parcel Number | 08-160376 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,901,967 |
Property Taxes
Parcel Number
08-160376
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,901,967
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